BTCUSDT – Page 25 – BitcoTasks BLOG

In The Works: Jersey City Mayor’s Plan To Introduce Bitcoin ETFs Into Pension Funds

July 26, 2024

In a significant development showcasing the growing adoption of cryptocurrencies within traditional financial systems, the Jersey City pension fund is in the process of allocating an undisclosed percentage of its assets to invest in Bitcoin ETFs. Jersey City To Join Wisconsin In Bitcoin ETFs Investment According to Jersey Mayor Steven Fulop, the city’s pension fund…

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Crypto Backs Donald Trump: $4 Million War Chest In Bitcoin, XRP For Re-election

July 26, 2024

Bitcoin News

Former President Donald Trump is set to deliver a keynote address at the 2024 Bitcoin Conference in Nashville, Tennessee, this weekend, amid growing speculation that Trump may announce Bitcoin as a strategic reserve asset for the United States. This move could have a significant impact on the entire cryptocurrency industry. Bitcoin Contributions Support Trump and…

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Bitcoin Mining Giant Marathon Digital Makes Major $100M BTC Acquisition

July 26, 2024

Bitcoin News

Marathon Digital (MARA), one of the largest Bitcoin (BTC) mining companies, has recently announced a substantial acquisition of $100 million worth of Bitcoin. This significant purchase, detailed in a recent company statement, has increased Marathon’s Bitcoin holdings to over $1 billion at current prices, showing the company’s confidence in the future price appreciation of the…

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Crypto Analyst Says Bitcoin Is Headed For $260,000 But This Must Happen First

July 26, 2024

Bitcoin

A crypto analyst has predicted that Bitcoin (BTC), the world’s largest cryptocurrency, is on track to reach an unprecedented $263,000. However, he also emphasized that this bullish surge to new all-time highs is contingent on Bitcoin meeting specific market conditions. Bitcoin Set For Massive Rally To $263,000 In an X (formerly Twitter) Cup with Handle…

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Bitcoin Price Recovers Lost Ground: Is the Bull Run Back?

July 26, 2024

Btc

Bitcoin price found support near the $63,500 zone. BTC is now rising and showing positive signs above the $65,500 resistance zone. Bitcoin formed a base and started a fresh increase above the $65,000 resistance zone. The price is trading above $65,500 and the 100 hourly Simple moving average. There was a break above a key…

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Bitcoin Traders Brace for Impact: QCP Capital Signals Incoming Price Drop—Here’s Why

July 25, 2024

Bitcoin News

Recent analysis from QCP Capital market sentiment, signaling that options traders are bracing for further declines in Bitcoin value. Dissecting the Bearish Sentiment The derivatives market has experienced a notable shift over the past day, with the implied volatility in Bitcoin options decreasing. This indicates that traders are worrying more about the possible downside risks.…

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Bitcoin Price Falls Again: Is Bearish Momentum Returning?

July 25, 2024

Btc

Bitcoin price started another decline below the $66,500 level. BTC is gaining bearish momentum and might revisit the $63,200 support. Bitcoin started a fresh decline from the $68,500 resistance zone. The price is trading below $65,500 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with support…

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Bitcoin Price Prints Rare Buy Signal With 84% Win Rate, $80,000 Coming?

July 24, 2024

Bitcoin

After rising by more than 28% over the 16 days, the Bitcoin price was rejected at key resistance at $68,500 on Sunday. Since then, the BTC price is displaying a slight pullback, but according to Charles Edwards, the founder of Capriole Investments, investors can expect the bullish momentum to continue. Edwards shared the chart below…

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Mt. Gox Creditors Opt To HODL Bitcoin Rather Than Sell, CryptoQuant Data Shows

July 24, 2024

Bitcoin News

Amid the recent recovery from a significant price correction of over 25% that sent the Bitcoin price to a 6-month low of $53,500, the largest cryptocurrency on the market has since recovered to trade in the $66,000 to $68,000 range despite the start of Mt. Gox creditor repayments. Investors, buoyed by prospects of continued price…

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Analyst Breaks Down Bitcoin’s Potential for Surge and Setback, Reveals 5 Key Trends

July 24, 2024

Bitcoin News

Leading crypto analyst Willy Woo recently weighed in on the state of Bitcoin, providing commentary on five macro signals influencing how he views the top digital asset. His analysis, noted for its depth and precision, provides a balanced view with three bullish and bearish indicators that could influence Bitcoin’s trajectory shortly. What are The Bullish…

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Is Bitcoin’s Recent ETF Inflow Surge a Setup for a Fall? What Traders Need to Know

July 24, 2024

Bitcoin News

Amid rising institutional engagement in Bitcoin, a sharp spike in exchange-traded fund (ETF) inflows over the past few days has sparked interest from traders and analysts alike. Earlier today, a noteworthy analysis from the popular trader Skew on social platform X highlighted a potential risk for Bitcoin amidst its current influx of capital. Skew pointed…

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